NasdaqGS:TEAMSoftware
How Stronger Cloud Targets And Bullish Analysts At Atlassian (TEAM) Have Changed Its Investment Story
In recent days, analysts at Wells Fargo and BTIG reaffirmed positive views on Atlassian, while corporate insider sentiment turned negative due to increased selling, including a sale by CTO Rajeev Rajan Bashyam earlier this quarter.
Atlassian also lifted its cloud revenue outlook for fiscal 2026 and reiterated a long-term 20% annual growth target, suggesting management still sees strong demand despite concerns about AI-related disruption.
We’ll now examine how Atlassian’s higher cloud revenue...